Marcus & Millichap Inc.
09/19/2025 | Press release | Archived content
Marcus & Millichap Facilitates Sale of Danbury Hotel Property
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Marcus & Millichap Facilitates Sale of Danbury Hotel Property
September 19, 2025
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DANBURY, CT., Sept. 19, 2025 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Comfort Inn & Suites, a 112-room Choice-branded hotel in Danbury, Connecticut.
"I sold the property in 2023 as a Holiday Inn. Since then, the owner renovated and converted it to a Comfort Inn & Suites," said Jerry Swon of Marcus & Millichap's Manhattan office. "The sale was a win for all parties, with the seller receiving value for improvements to both the asset and the business, while the buyer acquired a fully renovated property with upside, as well as an NNN lease with the restaurant tenant providing additional cash flow. It was a pleasure working with both sides on this transaction."
Swon represented the seller and procured the buyer, both private client hotel operators, in association with John Krueger, the firm's broker of record in Connecticut.
Built in 1973, the Comfort Inn & Suites is at 80 Newtown Road near Interstate 84. The hotel has complimentary breakfast and Wi-Fi, a fitness center, outdoor pool, business center and laundry facilities. The property also has free parking and is near Danbury Fair Mall, the Danbury Railway Museum, Tarrywile Mansion and Wooster Mountain State Park.
"I sold the property in 2023 as a Holiday Inn. Since then, the owner renovated and converted it to a Comfort Inn & Suites," said Jerry Swon of Marcus & Millichap's Manhattan office. "The sale was a win for all parties, with the seller receiving value for improvements to both the asset and the business, while the buyer acquired a fully renovated property with upside, as well as an NNN lease with the restaurant tenant providing additional cash flow. It was a pleasure working with both sides on this transaction."
Swon represented the seller and procured the buyer, both private client hotel operators, in association with John Krueger, the firm's broker of record in Connecticut.
Built in 1973, the Comfort Inn & Suites is at 80 Newtown Road near Interstate 84. The hotel has complimentary breakfast and Wi-Fi, a fitness center, outdoor pool, business center and laundry facilities. The property also has free parking and is near Danbury Fair Mall, the Danbury Railway Museum, Tarrywile Mansion and Wooster Mountain State Park.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on September 19, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 23, 2025 at 18:57 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]